R. Scott Beach, chair of Day Pitney’s Corporate and Business Law Department and head of its Family Office Practice, was quoted in an article, “Carlyle’s David Rubenstein Builds Family Office With Outside Ambitions,” published by Bloomberg News. The article discusses Carlyle Group LP co-founder David Rubenstein’s recently announced family office, “Declaration Capital” and its affiliate, “Declaration Partners,” which is reported to target venture, growth and family-owned businesses. As noted in the article, family offices can present challenges for private equity principals and other investment professionals. Beach told Bloomberg News that fund principals launching family offices “need to be sensitive to potential conflicts of interest” that can arise when their family offices engage in direct investing. He commented further, “They should invest in strategies, assets or sectors that they don’t follow in their funds” to mitigate the risk of conflicts and avoid running afoul of their fund’s compliance policies.
The article also appears on WealthManagement.com, the Financial Advisor magazine website, and Deal Street Asia.
On April 10, Day Pitney Family Office practice chair R. Scott Beach was a panelist Botoff Consulting's Family Governance Compensation Report webcast alongside Dennis Jaffe (BanyanGlobal Family Business Advisors) and Trish Botoff.
Day Pitney Press Release
Day Pitney Trusts and Estates Partner James A. Ballerano was featured in a Daily Business Review Q&A about his most significant career accomplishments.
Day Pitney Partners Stephen Catanzaro, Laurence Smith, and Elizabeth Yoo were featured in New Jersey Law Journal's 2024 New Partners Yearbook, which highlights partners, including lateral partners, made or hired at New Jersey firms.
Day Pitney Press Release
Day Pitney Press Release
Day Pitney is proud to announce that three of the firm's South Florida-based partners have been recognized for the Florida Legal Awards from the Daily Business Review.
The arrival of New Jersey Corporate Partner Elizabeth Yoo was featured in the New Jersey Law Journal's On the Move and After Hours column.
The news of Elizabeth Yoo joining Day Pitney as a partner in the firm's Corporate practice was featured in Thomson Reuters' The Daily Docket Industry Moves column. Yoo is based in New Jersey.
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